The parish of Barntown still has a debt of more than €350,000 hanging over it from renovations carried out in the late 1990s.
The debt has been reduced by €100,000 during the past four years but it still weighs on parish finances.
Last weekend, following the publication of parish accounts for 2011 and 2012, Barntown curate Fr John Carroll thanked people for their continued patience and support.
'I express my gratitude to the people of Barntown for the good and fair hearing they have given and continue to give, to our appeals for support', he told the congregations at weekend Masses.
The current financial situation was outlined by parish finance committee chairman John Fagan and vice-chairman Ciaran Sheridan.
The debt on St Alphonsus Church stands at €366,138 as of December 31, 2012.
The cost of the major refurbishments carried out 14 years ago was in the region of €700,000.
In 2011, the parish entered into fresh negotiations with the bank and took out a 20-year term loan with repayments of €28,000 a year.
Various fundraising events have been held through the years, the most recent being a raffle for a car.
Fr Carroll, who came to the parish as curate in 2006, thanked the parish finance committee for their hard work and commitment, especially Jim Ryan and James White, who keep the books.
Fr Carroll said that the financial support the parish receives allows it to serve parishioners in their daily lives, to pay down the remaining debt and to develop going into the future.
He congratulated Margaret Murphy of Growtown who won the car in the recent draw which made a profit of €10,715.
He thanked raffle co-ordinators Philomena Roche and Ben Doyle.